Plant-based Foods Is Fastest Growing Segment Fueling The Growth of Grape Seed Extract Market
The global Grape Seed Extract Market is estimated to be valued at US$ 219.7 Mn in 2023 and is expected to exhibit a CAGR of 8.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Grape seed extract is a highly potent antioxidant used in dietary supplements and cosmetic products due to its high antioxidant and anti-inflammatory properties. It helps boost heart health, improve vision, and fight aging. Market Key Trends: The growth of the plant-based foods industry is fueling demand for grape seed extract. Grape seed extract has gained popularity as a natural preservative and antioxidant in plant-based meat and dairy alternatives. Its ability to extend shelf-life and impart color without artificial ingredients makes it suitable for use in many vegan foods. Rising health consciousness and concerns about sustainability have led to increased consumption of plant-based products globally. This growing market for ...